The Strategic-Management Process Is Just as Vital for Small Companies

question 18

True/False

The strategic-management process is just as vital for small companies as for large companies.

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Definitions:

Training

Is a planned attempt by an organization to facilitate employee learning of job-related knowledge, skills, and behaviors.

Expatriate Managers

Employees sent by their companies to work in a foreign country, representing and managing the company's interests abroad.

Social Exchanges

Social exchanges refer to the mutual and dynamic interactions of resources, information, or services between individuals or groups, often analyzed in social psychology and sociology to understand social structures and relationships.

Repatriation

The process of returning a person to their country of origin or citizenship, often used in the context of employees returning home after an international assignment.